The global flame detector market size is expected to grow from USD 1.7 billion in 2022 to USD 2.1 billion by 2027, at a CAGR of 5.0% during the forecasted period. The major drivers for the growth of flame detector market include increasing adoption of flame detectors across the key industries such as oil and gas, pharmaceuticals, automotive, energy and power among others, technology improvement in the flame detectors with the emergence triple IR and multi spectrum flame sensing detectors, and policies, regulations, and government initiatives creating high demand for flame detectors.
The flame detector market is dominated by the players Johnson Controls (Ireland), Carrier Global (US), Honeywell (US), Siemens (Germany), Halma (UK), MSA (US), Robert Bosch (Germany), Emerson Electric (US), Minimax Viking (Germany), and Draeger (Germany) among others. Many key players in the market implement strategies to expand their market share and competitive advantage over other players such as product launches, geographic expansion, merger and acquisitions, partnerships, and research and product development.
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Johnson Controls (Ireland) mainly focuses on partnerships, and acquisitions to expand its geographic reach and product portfolio. It also helps to the company to acquire new technology quickly. Johnson controls is one of the key companies in the flame detectors market and holds a strong market share among the top players. Johnson Controls displays robust financial performance over the past few years. The company has a strong focus on the US region due to its origins in the region and is gradually expanding in other developing regions such as Asia Pacific and Middle East and Africa. In 2019 the company acquired Focus Fire & Security. This acquisition allowed Johnson Controls to expand their geographic reach and provided robust regional knowledge on the Tauranga region where Focus Fire & Security was founded.
Carrier Global (US) focuses on the growth of its product line and acquisition of smaller players to expand its business. The company also focuses on growth of its core industries, increasing product extensions and geographic coverage and growth of services and digital channels to create recurring sales opportunities. Carrier also aims to improve the relationship with channel partners and consumers by offering the most market appropriate products. Carrier has a portfolio of several acquired companies operating in the fire protection market offering flame detectors catering to different geographic regions. Carriers significantly focuses on the research and development of the flame detectors. Carrier through its various subsidiaries has a large portfolio of flame detectors. In July 2020, Carrier through its subsidiary Det-tronics launched multi-spectrum infrared flame detector.
Flame Detector Market by Product (Single UV, single IR, Dual UV/IR, Triple IR, Multi IR), Connectivity, Industry (Oil & Gas, Energy & Power, Pharmaceuticals, Chemicals, Aerospace & Defense, Marine, Logistics, Automotive) & Region-Global Forecast to 2027
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